WASHINGTON, D.C. – The U.S. Department of Energy (DOE) has joined President Trump and communities across the nation in celebrating Manufacturing Day, a day to highlight modern manufacturing, recognize skilled workers, and inspire the next generation of innovative manufacturers. “I salute the more than 12 million men and women on the factory floors across this great nation for… Keep reading →
WASHINGTON D.C. — The U.S. Department of Energy (DOE) has issued the first loan guarantee solicitation for the Tribal Energy Loan Guarantee Program (TELGP) under DOE’s Loan Programs Office. This solicitation provides as much as $2 billion in partial loan guarantees to support economic opportunities for Native American and Alaska Native communities through energy development projects and activities.… Keep reading →
WASHINGTON — The U.S. Department of Energy today offered a conditional commitment to guarantee loans of up to $2 billion to Lake Charles Methanol, LLC to construct the world’s first methanol production facility to employ carbon capture technology in Lake Charles, Louisiana. The captured carbon would be utilized for enhanced oil recovery (EOR) in Texas.… Keep reading →
Seven years ago today, President Obama signed the American Recovery and Reinvestment Act (ARRA, or the Recovery Act) into law and created the Section 1705 Loan Guarantee Program. The Recovery Act was designed to spur economic growth while creating new jobs and saving existing ones, similar to New Deal programs like the Works Progress Administration… Keep reading →
On August 24, 2015, President Obama announced that the Department of Energy (DOE) will provide up to $1 billion in additional loan guarantee authority to support innovative distributed energy projects such as rooftop solar with battery storage and smart grid technologies. The loan guarantee is expected to spur innovation in clean energy technologies that are… Keep reading →
To further support the construction of two advanced nuclear reactors at the Alvin W. Vogtle Electric Generating Plant, the Department of Energy announced today it will issue $1.8 billion in loan guarantees to three subsidiaries of the Municipal Electric Authority of Georgia (MEAG Power). This is the last of three conditional commitments that were first… Keep reading →
As part of the Administration’s effort to support advanced vehicles that are more affordable for Americans to drive, strengthen U.S. leadership in manufacturing advanced vehicle technologies, and reduce greenhouse gas emissions through increased fuel efficiency, the Department of Energy announced a conditional commitment for a $259 million loan to Alcoa Inc. today. This conditional commitment… Keep reading →
Statement from Energy Secretary Ernest Moniz on the 2014 Solar Job Census WASHINGTON, D.C. — Secretary Ernest Moniz issued the following statement today on the 2014 National Solar Jobs Census: “Solar power is a key component of our all-of-the-above approach to American energy, creating good-paying American jobs that support our growing clean energy economy. According to… Keep reading →
We’ve been busy this year! In 2014 the Energy Department advanced clean energy technologies, welcomed a new Deputy Secretary, promoted STEM careers and much more. 2014 has been a year of investments, breakthroughs and progress at the Energy Department. Read on and explore the timeline to see some of our most memorable moments. Investments From… Keep reading →
Solar is increasingly providing clean, sustainable energy for our nation’s homes, businesses and industries. Clocking record-breaking growth and reaching a total of more than 4,700 megawatts of new installed capacity, 2013 was a big year for solar photovoltaic systems. But we’re also excited to watch 2014, which will mark a major milestone for a different… Keep reading →
